News
Osinbajo, Obi, And Others Attend Democratic National Convention In Chicago
Former Vice President Prof. Yemi Osinbajo (SAN) and other notable Nigerian political figures, including the presidential candidate of the Labour Party (LP) in the 2023 election, Peter Obi, are currently attending the 2024 Democratic National Convention in Chicago as special guests of the National Democratic Institute (NDI) based in Washington DC.
Aside from Osinbajo and Obi, a former Senate President, Ken Nnamani, was also invited, according to the USbased NDI. Diaspora Watch gathered that the Speaker of the House of Representatives, Tajudeen Abbas, was also said to have been invited, but it was not clear if he had honoured the invitation.
The NDI is a notable non-profit and non-partisan organisation pushing democratic values around the world. It’s based in the United States of America.
The attendance of Osinbajo and Obi at the event further demonstrates their increasing global engagement and international political profile since leaving office in May 2023.
The presence of the distinguished Nigerians at the Democratic National Convention underscored the importance of fostering global democratic values and the role that African leaders play in shaping the future of democracy, both on the continent and worldwide.
Their participation at the event signals a commitment to engaging with diverse political processes and learning from global experiences to enhance governance and democracy in Nigeria.
The Democratic National Convention, a significant event in the United States’ political calendar, serves as a platform where key policies and strategies are discussed by the Democratic Party, besides the formal nomination of the party’s presidential candidate and current US Vice President, Kamala Harris.
The convention was also an opportunity for global leaders and stakeholders to observe and participate in discussions that could influence global political trends.
By attending the convention, Osinbajo and the other Nigerian leaders invited will engage with global democratic practices, exchange ideas with international counterparts, and bring valuable insights back to Nigeria.
The involvement of figures like Osinbajo and Obi in such international political events demonstrates Nigeria’s active role in the global democratic community
Investigations
ExxonMobil Boosts Guyana Oil Output, Guyana Offers Free Tuition Ahead of Elections
ExxonMobil Guyana has announced plans to increase oil production from its Stabroek block by 18,000 barrels per day (bpd). The capacity of the Unity floating production, storage, and offloading (FPSO) vessel will increase from 252,000 bpd to 270,000 bpd, pending approval from local authorities. ExxonMobil Guyana currently produces 665,000 bpd, and future developments include the Hammerhead project, which aims to produce 120,000-180,000 bpd. The company’s investment is set to further strengthen Guyana’s economy as it grows into a major oil producer.
In political developments, President Irfaan Ali has announced several benefits ahead of Guyana’s upcoming elections. The new incentives include free college tuition and a one-time cash handout of nearly $1,000 per household, benefiting 264,000 families. The minimum wage will also increase from $350 to $500 starting next year, aimed at reducing the cost of living for Guyanese citizens.
Guyana’s economy, bolstered by its growing oil sector, saw a remarkable 60% GDP growth in 2022, the highest in the world, according to the IMF. To further utilize oil revenues, the government is launching various infrastructure projects, including hospitals, schools, and a $1.9 billion gas-to-energy initiative.
At the same time, the 115th COTED meeting on agriculture in CARICOM is tackling challenges like climate change and underdeveloped agricultural value chains, working towards the 25 by 2025 Food Security Initiative.
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Lifestyle
CARICOM Ministers Boost Food Security & Climate Action at Caribbean Week of Agriculture
CARICOM ministers gathered in St. Vincent during the 18th Caribbean Week of Agriculture (CWA) to address regional food security and sustainability. Key discussions included the “25 by 2025” initiative, blue economy development, and strategies to enhance intra-regional trade and agriculture. The ministers are also preparing for COP29, pushing for urgent climate action, and seeking financial commitments to protect Small Island Developing States (SIDS) from the impacts of climate change. Notable awards were presented to outstanding farmers for their contributions.
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Lifestyle
Tinubu, Remi, and Akpabio Mock Nigerians’ Hardship Amid Economic Crisis
As Nigerians face mounting economic hardship from soaring petrol prices and inflation, leaders like President Tinubu, Senate President Akpabio, and Remi Tinubu make insensitive remarks that mock the suffering populace. President Tinubu claims his neoliberal reforms will benefit Nigerians in the future, while Akpabio dismisses citizens fleeing the country’s economic downturn as unpatriotic. With an already devastated middle class and rising poverty, these tone-deaf responses intensify frustrations.
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#NigerianEconomy #NeoliberalPolicies #Tinubu #EconomicHardship #Nigeria #FuelPrices
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